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||Page|
|---|---|
|Legal and administrative information|1|
|Trustees' report|2−6|
|Statement of trustees responsibilities|7|
|Independent Examiner's Report|8|
|Statement of financial activities|9|
|Balance sheet|10|
|Notes to the accounts|11−16|





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|**Trustees**|A Budgen|
|---|---|
||K Hill|
||K Stubbs|
||R Hancock|
||D Small|
|**Secretary**|A Budgen|
|**Charity number**|1121784|
|**Company number**|06249601|
|**Principle address**|Riverside East|
||2 Mil!sands|
||Sheffield|
||S3 8DT|
|**Registered office**|Riverside East|
||2 Mil!sands|
||Sheffield|
||S3 8DT|
|**Accountants**|Landin Wilcock & Co|
||68 Queen Street|
||Sheffield|
||S i 1WR|
|**Bankers**|CAF Bank|
||25 Kings Hill Avenue|
||Kings Hill|
||West Mailing|
||Kent|
||ME19 4TA|
||HSBC|
||22, The Moor|
||Sheffield|
||S i 4PA|





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|||**Unrestricted**|**2023**|**2022**|
|---|---|---|---|---|
|||**funds**|**Total**|**Total**|
||**Notes**|**£**|**£**|**£**|
|**Income and Endowments from:**|||||
|Income from Investments|**2**|**6,146**|**6,146**|**1,537**|
|Income from donations and legacies|**3**|**40,274**|**40,274**|**92,164**|
|Total income and endowments||**46,420**|**46,420**|**93,701**|
|**Expenditure on:**|||||
|**Charitable activity**|**4**|**5,496**|**5,496**|**2,368**|
|**Research Grants & Costs**|**6**|**597,580**|**597,580**|**44,991**|
|**Net gains on investments**|**11**|**1,052**|**1,052**|**9,867**|
|**Total resources expended**||**604,128**|**604,128**|**57,226**|
|**Net income/(expenditure)**||**(557,708)**|**(557,708)**|**36,475**|
|Transfers between funds|**10**||||
|**Net movement in funds**||**(557,708)**|**(557,708)**|**36,475**|
|Total funds brought forward||**785,415**|**785,415**|**748,940**|
|**Total funds carried forward**|**13**|**227,707**|**227,707**|**785,415**|





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||||**2023**||**2022**|
|---|---|---|---|---|---|
||**Notes**|||||
|**Current assets**||||||
|Investments|**11**||**59,212**||**60,264**|
|Other debtors|||**882**|||
|Cash at bank and in hand|||**684,332**||**741,425**|
||||**744,426**||**801,689**|
|**Liabilities**||||||
|Creditors: amounts falling due within||||||
|one year|**12**|**1,032**||**978**||
|Research Grants|**6**|**215,911**||**15,296**||
||||**(216,943)**||**(16,274)**|
|**Total assets less current liabilities**|||**527,483**||**785,415**|
|Creditors due after more than one||||||
|year: Research Grants|**6**||**(299,776)**|||
|**Net Assets**|||**227,707**||**785,415**|
|**Income funds**||||||
|Unrestricted funds|||**227,707**||**785,415**|
|**Accumulated funds**|**13**||**227,707**||**785,415**|





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|**2**|**Investment income**|||
|---|---|---|---|
|||**2023**|**2022**|
||UK bank interest receivable|6,146|1,537|
|**3**|**Incoming from donations and legacies**|||
|||**2023**|**2022**|
||Donations receivable|40,274|92,164|
|**4**|**Charitable activity costs**|||
|||**2023**|**2022**|
||Fundraising and event expenditure|3,788||
||Governance costs|1,708|2,368|
|||5,496|2,368|
|**5**|**Governance costs**|||
|||**2023**|**2022**|
||Accountancy & Professional fees|1,121|1,652|
||Bank charges|480|574|
||Miscellaneous expenses|107|142|
|||1,708|2,368|





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||**2023**|**2022**|
|---|---|---|
|Awarded in year:|||
|Projects and research fellowships|597,580|44,991|
|Charge in SOFA|597,580|44,991|
|Paid in the year|(97,189)|(29,695)|
|Movement|500,391|15,296|
|Balance at start of year|15,296||
|Balance at end of year|515,687|15,296|
|Due within one year|215,911|15,296|
|Due after more than one year|299,776||
|Balance at end of year|515,687|15,296|



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|**11**|**Investments**|||
|---|---|---|---|
|||**2023**|**2022**|
|||**£**|**£**|
||**Quoted Investments**|||
||Balance at start of year|60,264|70,131|
||Additions in the year|||
||Movement in valuation of investment|(1,052)|(9,867)|
||Balance at end of year|59,212|60,264|



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||||**2023**|**2022**|
|---|---|---|---|---|
||||**£**|**£**|
||Accruals||1,032|978|
|**13**|**Analysis of net assets between funds**||||
|||**Unrestricted**|**2023**|**2022**|
|||**funds**|**Total**|**Total**|
|||**£**|**£**|**£**|
||Fund balances at 30 June 2023 are||||
||represented by:||||
||Tangible fixed assets||||
||Current assets|744,426|744,426|801,689|
||Creditors: amounts falling due within||||
||one year|(216,943)|(216,943)|(16,274)|
||Creditors: amounts falling due after||||
||more than one year|(299,776)|(299,776)||
|||227,707|227,707|785,415|





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